December 9, 2022
2 mins read

‘India poised to become world’s AI innovation garage’

When deployed appropriately, AI and Automation can transform government services, education, healthcare, and business interactions with customers in the upcoming techade….reports Asian Lite News

Artificial intelligence (AI) adoption is steadily on the rise globally and India is well poised to lead the AI revolution and establish itself as an AI innovation garage of the world, Sandip Patel, Managing Director, IBM India and South Asia, said here on Thursday.

Over the past two years, AI has helped businesses ease the strain of workforce dislocation, supply chain challenges, IT incidents and customer service interruptions, etc.

According to IBM’s ‘Global AI Adoption Index 2022’, 57 per cent of IT professionals in India report that their organisation has actively deployed AI in their business, and over a quarter (27 per cent) indicate that their firm is exploring the use of AI.

“As digitisation in India continues to deepen, companies are eager to deploy AI and automation capabilities at scale to drive innovation and competitiveness,” said Patel during the company’s ‘AI Day’ event.

“As one of the fastest-growing economies, the world’s largest community of developers and a large start-up ecosystem, India is well poised to lead the AI revolution and establish itself as an AI innovation garage of the world,” he emphasised.

With the right AI-powered automation processes and team in place, intelligent automation will optimise business and IT processes across all industries and combat the growing skills gap to create a deeper focus on higher value work.

According to IBM, AI will also improve its knowledge over time to better understand cybersecurity threats and cyber risk by consuming billions of data artifacts.

“AI has truly come into its own in the past few years, especially with self-driving cars, chatbots, and digital assistants. A robust ecosystem for AI is being built in India, and it is a matter of pride to be part of this revolution,” said Viswanath Ramaswamy, Vice President, Technology, IBM India and South Asia.

artificial intelligence.(photo:Pixabay.com)

When deployed appropriately, AI and Automation can transform government services, education, healthcare, and business interactions with customers in the upcoming techade.

“AI will scale and move from an operational ‘benefit’ to an essential element in business growth and modernisation,” he noted.

In 2023, AI will continue its impact on the consumer care journey with more personalised and fully realised interactions.

Conversational AI with expressions and emotions along with the voice of choice will bring in the personalisation needed for making digital transformation possible, according to IBM.

For India to achieve its $5 trillion GDP target by FY27, businesses must draw a significant correlation between AI maturity and its growth trajectory.

“To harness the power of AI and data, we need to measure the E-IQ (Enterprise Intelligence Quotient) of a business. E-IQ assesses an enterprise’s current intelligence infusion level and provides capabilities for stepping up its intelligence quotient,” said Rahul Deshpande, Global Practice Delivery Head and Business Solutions Head for AI Solutions Practice, Wipro.

ALSO READ: Myntra’s mega shopping jumboree is here

Previous Story

‘No Money For Terror’ Is Need Of The Hour

Next Story

Samsung seeks synergy with Indian startups

Latest from India News

Trinidad Eager to Deepen Ties with India: Envoy

Trinidad and Tobago, home to a large Indian-origin population—many of whom are now in their fifth and sixth generations—offered a unique cultural resonance to the visit….reports Asian Lite News Prime Minister Narendra

Modi Calls T&T PM ‘Daughter of Bihar’

In Trinidad and Tobago, PM Modi hailed Bihar’s cultural legacy and called PM Kamla Persad-Bissessar a ‘daughter of Bihar’ in honour of her ancestral roots…reports Asian Lite News ddressing the Indian community

Trinidad PM to Modi: We Salute You

Trinidad & Tobago Prime Minister Kamala Persad Bissessar delivered glowing praise for PM Modi, calling his visit a moment of pride and shared history….reports Asian Lite News Prime Minister Narendra Modi will
Go toTop

Don't Miss

Ex-Maldives President Nasheed Upbeat on Growing India Partnership

The ex-president of the Maldives emphasized the crucial role of

Etihad extends flight suspension to India

On Sunday, Dubai’s flagship carrier Emirates said that expects to